Definition of bobble. 1  1 : a repeated bobbing movement. 2  2 : a small ball of fabric; especially : one in a series used on an edging. 3  3 : error, mistake; especially : a mishandling of the ball in baseball or football.
Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance, mechanic's lien or otherwise, securing or evidencing the payment of money and affecting more than one unit in a condominium, or an agreement affecting more than one such unit by which the developer holds such condominium under an option, contract to sell or trust ...
DEFINITION of 'Blanket Bond'. Insurance coverage carried by brokerages, investment bankers, and other financial institutions to protect them against losses due to employee dishonesty. Next Up. Examples of things that a blanket bond might cover are forged checks, counterfeit currency, fraudulent trading, and property damage.